EngrAg14 said:

---

Took some time off to focus on a new home build/save after misreading some plays.

Where do we see the markets going in the next few months fivne the covid/inflation fear and the current and likely unchanging supply chain problems?

Do rates go up or do the feds try and not touch them until coivd really subsides?

---

Cowboy Curtis said:

---

$SNDL

---

mazag08 said:

---

Here's a new one for the board.

New York Mortgage Trust (NYMT)

My company has inked multiple deals with them this year. Some for pref equity and some for JV's, all on multifamily acquisitions. Their stock is sitting at $4.11 and has been under $5 since COVID. It pays a dividend yield of 9.5% and roughly $0.40 per share.

Their pref equity acts as debt in the property capital stack with an average of around 10% - 11% as the pay rate. On the JV side, they are inking deals with 8% yearly cash flow and an IRR of 15% or higher. That's how they can pay a good dividend. And they are buying more than they are selling, so the real payoff date is 2-5 years from now when all of this recent action matures and materializes in proceeds.

On the wave side of things, it's one of the cleaner fibbing deals I've seen in a long time. We're currently in sub-wave iv of Wave 3. We're looking for a bottom pretty soon around the 61% extension from our Wave 1 high and Wave 2 low. Getting in the game around the $4.00 level is a good time. After that, it's going to pop up in Wave 3 and top out at the 138% extension in the high $5's. That will be a good place to sell calls against your shares. Then it will retreat to the larger degree Wave 4 around the 100% extension at $4.84. That zone is where you buy your calls back if they haven't expired. Finally, it will finish it's 5th wave around the high $6's. Time to sell outright. The retrace from there should be pretty steep as that 5th wave top becomes our larger degree Wave (1) and we look for a Wave (2) bottom to retrace it 50%-61% down to the low to mid $3's. Then we start over.

---

CrazyRichAggie said:

---

How does this makes you feel
GIF only #stockmarket pic.twitter.com/GRVQQFbrvq

— Tamir T. (@TamirTiko2110) November 26, 2021

---

Farmer @ Johnsongrass, TX said:

---

Back in June the big banks surveyed said the S&P 500 would end the year at 3800 to 4200. I don't think their crystal ball is that clear; however, their money ball has a lot more influence. I see today as a buying opportunity.

Those SAVA Covered Calls 12/17/21 - $110 - I sold on Wednesday at $1.05 when the bid was $0.90 and the Ask was $1.10....well, today the Bid is $0.85 and the Ask is $1.40. I sure hope SAVA shows us something favorable starting next Monday.

Have to leave for a while and wont make it back for the close. I hope you guys make a bunch of money the rest of the day!

BTHOlsu
Gig'em!

---